Located on a serene tree-lined block between Fifth and Madison Avenues, Apartment 8AB at 25 East 83rd Street offers a thoughtfully combined, sprawling three-bedroom home with a flexible layout. A gracious entry foyer leads into a large living room with a wall of windows facing South. Adjacent is a corner dining area with windows to the west leading into a lovely, windowed kitchen. The sun-flooded primary corner suite boasts a generous dressing area, an en-suite windowed bath, and great closet space. The second oversized bedroom, with East-facing windows overlooking Madison Avenue, features an adjacent bathroom that conveniently doubles as a powder room. The third bedroom, currently configured as an open den, offers flexibility for conversion into another sizable bedroom next door to a third large bathroom. An expansive home office, adaptable as a library or additional sitting room, adds to the versatility of the space. There is a dedicated laundry room, complete with a full-sized washer/dryer. The apartment has central A/C and an incredible amount of closet space and storage. Whether you bring your architect to re-imagine the space or move right in and customize over time, this apartment provides a canvas for your personal vision!
Built in 1938, 25 East 83rd Street is a full-service pre-war co-op with art moderne architecture and a new landscaped roof deck. There are only 12 floors, a full-time doorman, live-in superintendent, a recently renovated lobby, bicycle storage and fitness room. Pets and pieds-a-terre are welcome and financing up to 75% of the purchase price is permitted. Electric, heat and air conditioning are all included in the maintenance. There is a 2% flip tax split 50/50 between buyer and seller. Additionally, the property is zoned for PS-6.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,880,000 | $1,880,000 | $1,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,092 | $11,121 | $15,486 |
Total Monthly Payment | $10,217 | $11,246 | $15,611 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.